Good evening folks, And the Lord’s Shalom to you all tonight.

Good evening all,
Its a national holiday today in Ireland.
St Patricks day!

We celebrate the man who braved a wild and wayward pagan Celtic nation back in the 7th century to spread the gospel of Jesus Christ to this Island.
His work had a major impact on this nation and in many respects made this nation what it is.
But I am afraid this is not the land of saints and scholars anymore!

As with most of the western world,
this country has drifted back into paganism again.
Worship of celebrities’, the self, and death is now the main religious force.
And we are well on our way to national judgement because of that.

Not much I can do about that I’m afraid!

That being said,
I will do a quick round up of the charts tonight.
And we will be back to normal again tomorrow.

On with the show!

EURUSD.

EURUSD 1hr.

EURUSD 4hr.

EURUSD daily.

EURUSD is flirting with the previous high at 1.1991 tonight,
and with that I think we can look for a larger three wave pattern to trace out in wave (ii) as shown.

Tomorrow;
Wave (iii) down should begin tomorrow after filling that trend channel in wave (ii) at about 1.2030.

GBPUSD

GBPUSD 1hr.

GBPUSD 4hr.

GBPUSD daily.

Cable has traced out a three wave move higher within a trend channel today.
This move now completes wave ‘ii’ pink,
and we should see a sharp decline down into wave ‘iii’ beginning early tomorrow.

Tomorrow;
The price must hold below 1.4000 at the wave (ii) high.
Watch for a break of 1.3850 to signal wave ‘iii’ is underway.

USDJPY.

USDJPY 1hr.

USDJPY 4hr.

USDJPY daily.

The alternate count for wave [iv] and [v] is looking more likely tonight as wave (c) has not made progress to the downside as expected.
If we see a break back above 109.36 again tomorrow,
that will trigger the alternate count and signal wave (iii) of [v] is underway.

Tomorrow;
Watch for wave (c) to break 108.33 to rule out the alternate count.
Wave [v] should begin before the end of this week in both cases.

DOW JONES.

DOW 1hr.

DOW 4hr

DOW daily.

The price action over the last few sessions has traced out a possible triangle off the recent top.
This move should be the penultimate move within wave ‘v’,
and now that we have a spike out of that triangle in place this evening,
the market has done enough to call wave ‘v’ complete.
We have two more days left this week to put in a top and turn lower into a new era!
Lets see if tomorrow brings that initial spike lower off that all time high.

GOLD

GOLD 1hr.

GOLD 4hr.

GOLD daily.

Gold reached a high at 1751 this evening after a sharp spike out of a corrective move over the last few sessions.
The pattern is still viewed as a correction in wave [iv],
and the trend channel is now filled at the high today.

Tomorrow;
The price is falling off that high again this evening so I want to see five waves down to break 1700 in wave (i) over the next few days.

CRUDE OIL.

CRUDE OIL 1hr.

CRUDE OIL 4hr.

CRUDE OIL daily.

Crude is still working sideways in wave ‘ii’ of (iii) today.
The price has not completed that correction yet I think.
A test of 65.37 again will close out wave ‘ii’,
and then I will be expecting wave ‘iii’ down to begin.

Tomorrow;
Watch for wave ‘ii’ to complete at the trend channel line again,
and then turn lower into wave ‘iii’ of (iii).

S&P 500.

S&P 500 1hr

S&P 500 4hr

S&P 500 daily.

A very slight new high this evening reached into 3980 again and cooled off again.
There may be enough madness in the pot to push us higher into the end of the week of course,
so that upper target at 4021 is possible.
The pattern in wave ‘v’ is looking very labored now with a whole lot of overlap happening in the action.
This is suggestive of a topping setup also as a series of fourth and fifth waves trace out higher.

Tomorrow;
wave ‘v’ of (v) is still on the cards to complete this week.
the price is now at the target area,
so lets see if this zone offers resistance to the price as we close out the week.

SILVER.

SILVER 1hr

SILVER 4hr.

SILVER daily.

The correction in wave [ii] is proving difficult to close out this week.
The pattern created a very slight new high today after a three wave rise off the wave (b) low.
So it looks like we have a complex combination correction in wave [ii] now.

Tomorrow;
I want to see wave [iii] down begin this week,
so watch for a drop below 25.36 again to signal that has begun.